Invest in Sustainability
ASCU is a lower-risk emerging copper developer with a 100% ownership of the past producing Cactus Project. The Company is committed to advancing its Cactus Project, located on private land and at the heart of Arizona's copper belts. With significant infrastructure in place and nearby, including highways, nationwide rail lines and a connection to the power grid, the project capital intensity is relatively low and contributes to favourable economics. The Company aims to supply LME Grade A Copper Cathodes, mined in a responsible and sustainable manner directly onsite.
Why ASCU?
- Open pit, Heap Leach and SXEW Operation, with 116kstpa Copper Cathode Production over the first 20 years
- Robust Project After-tax Economics of NPV8 $2 billion and IRR 24% (after-tax)
- State- and County-Led Permitting Framework in a Tier 1 location
- Supportive Copper Market Fundamentals
- Experienced Executive and Onsite Teams
- Strong and Supportive Sponsors
Why ASCU?
- Open pit, Heap Leach and SXEW Operation, with 116kstpa Copper Cathode Production over the first 20 years
- Robust Project After-tax Economics of NPV8 $2 billion and IRR 24% (after-tax)
- State- and County-Led Permitting Framework in a Tier 1 location
- Supportive Copper Market Fundamentals
- Experienced Executive and Onsite Teams
- Strong and Supportive Sponsors
The Cactus Mine Project
ASCU's re-development plan targeting 86 ktpa over 31 years at the Cactus Mine Project is underpinned by a multi-billion-pound copper mineral resource base. The robust Preliminary Economic Assessment outlines an NPV8 of US$2,032, an IRR of 24% and payback period of 4.9 years with a copper price of $3.90/lb. Geologically, the project is situated at the convergence of three major porphyry copper belts and benefits from excellent onsite and nearby access to local infrastructure (including water, labour, power, highways and rail networks).